Primary and Secondary Markets

The primary market refers to the protocol’s central markets. Activities in the primary market will include taking a loan, providing liquidity, and repaying back the loan. In simple terms, primary markets are all about liquidity pools and undercollateralized loans. On the other hand, secondary markets are the dApps that are integrated into the protocol by the Hashstack team for extended use cases.
Hashstack’s primary market will revolve around WBTC, USDT, USDC, WETH, and DAI. As the protocol evolves, new assets will be added soon. After borrowing from the primary market, borrowers can use their sanctioned loan amount on the secondary markets. As for the Secondary markets, the Open Protocol will integrate decentralized exchanges, AMMs, lending platforms, and several other DeFi products to get maximum use cases for the protocol.